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Technology Stocks : Amazon.com, Inc. (AMZN) -- Ignore unavailable to you. Want to Upgrade?

To: Jan Crawley who wrote (40289)	2/16/1999 11:56:00 AM
From: Sarmad Y. Hermiz	Read Replies (1) \| Respond to of 164684

Jan, < I opened(sold) 75 shares of Amzn this morning at $107 7/8> Thats the best price of the day. You must have been watching closely. My observation today is amzn is stair stepping down against the market in general and NASDAQ also. The run-ups are trending down. the run-down are trending down. Last time it broke below 100, it stuck at 102 first for the longest time. then in 10 minutes went down to 98. Friday I shorted 400 shares at 107, and 400 at 105 1/8. Then covered 100 at 104. Today I hope to cover 100 near 100. So I am watching close. The trend is going that way. What is very hopeful is that it gets no support from the rest of the market. The only buying I see is daytrading in very small lots. All day there has been only 3 lots greater than 10K. Good luck to you (and me). -Sarmad